==== 2024-05-11 ==== ----- 2024 Berkshire Hathaway annual meeting - https://www.youtube.com/live/X3wLdzddRtI?feature=shared * John Rogers, Ariel investments chairman & co-CEO * Book: Poor Charlie's Almanac, 4th edition * Q1 2024 operating earnings = \$11,222 mln * Q1 2023 operating earnings = \$ 8,065 mln * Operating earnings history * 2019 - \$23,972 mln * 2020 - \$21,922 mln * 2021 - \$27,597 mln * 2022 - \$30,853 mln * 2023 - \$37,350 mln * How do you think about the role of technological advances especially generative AI on more traditional industries? * Ajit Jain: Climate change like inflation, done right can be a friend to the risk bearer. * Healthcare is 17-18% of GDP * NFM CEO * Helzberg Diamonds CEO * Lubrizol CEO * See's candies CEO * Walton family; Walmart * absorption capacity (context: philanthropy) * appreceptive mass (context: psychology) * Moody's manual * The Moody's transportation manual * Green Bay and Western railroad company * nick names: {Northen Pacific: Nipper, Green Bay and Western: grab baggage and walk or gbnw} * the importance of picking right heroes in life, choosing friends wisely * all's well that ends well = a person can forget about how unpleasant or difficult something was because everything ended in a good way * great skill is at avoiding bad luck * 19th amendment /* Have to start watching from 6:18:00 onwards */